• McDonald’s executives acknowledged during an earnings call Monday that diners consider the company’s prices too high, and said they are taking a “forensic approach” to evaluating prices.
  • Amid a broader consumer pullback and increasing prices, fast-food chains have had a difficult time drawing in lower-income diners.
  • The company’s recent $5 value meal offering was initially successful in bringing lower-income diners back to stores but has yet to translate into higher sales, company executives said.
    • johannesvanderwhales@lemmy.world
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      1 month ago

      Personally I stopped eating fast food almost entirely (I mostly cook for myself), but food deserts are real and many people have few reasonable options. I don’t think anyone eating McDonald’s is under the impression that it’s good for them.

  • floquant@lemmy.dbzer0.com
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    1 month ago

    “Create value”

    God. Please just fucking stop. What value do they want to “create”? It’s shitty food. Its “value” is in being cheap.

    • 3ntranced@lemmy.world
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      1 month ago

      It’s just corporate-speak for “How can we change the menu so we still make the same amount of money, while confusing the customer into thinking they’re spending less”

  • AlexWIWA@lemmy.ml
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    1 month ago

    It’s more expensive than in and out these days. McDonalds is absolutely not worth what they’re charging.

  • Rayquetzalcoatl@lemmy.world
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    1 month ago

    They’re taking a “forensic approach”. They’re “working to create value”, instead of just lowering their artificially jacked up prices. This means they’re trying to create more value for shareholders and execs, not customers - obviously, not surprising, just interesting seeing the way they weasel themselves around the actual issue.

  • the post of tom joad@sh.itjust.works
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    1 month ago

    McDs always has the worst flavor of the fast food choices in my estimation… Do they still taste like a gas station burger except smaller patties and flavored like someone spilled sugar on the grill?

  • CptOblivius@lemmy.world
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    1 month ago

    I don’t go to McDonald’s often. But the last time I went I couldn’t believe the prices, and worse was the quality. Since COVID everything has gone up but McDonald’s doubled that and dropped quality too. It is so terrible now. Even considering the low standard it had before.

  • aseriesoftubes@lemmy.world
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    1 month ago

    Have they considered making their food less shitty at the same price? The race to the bottom price-wise never ends well.

  • Hellinabucket@lemmy.world
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    1 month ago

    The only thing I ever get from McDonald’s anymore is happy meals for my kids. At one store it’s 6 dollars, at the a mile down the road it’s 4.

  • HeyJoe@lemmy.world
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    1 month ago

    I tried the “value” meal they introduced recently. There was also a coupon for buy one 6 piece get one for .29 cents so it was enough food to share with others. I could’ve sworn the burger and chicken sandwich meals were supposed to be $5 but the burger one was $6. I get it and I was stupid and didn’t check it, sure enough they forgot the sandwich… so glad they offered such great value.

  • DaddleDew@lemmy.world
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    1 month ago

    Their food is a result of decades of small incremental changes to make the food cheaper and profitable, a few pennies at a time. Fast forward to today and what MacDonald’s has to offer now doesn’t even taste like burgers anymore.

  • chemical_cutthroat@lemmy.world
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    1 month ago

    I’ve been in restaurants for most of my adult life, and even our own pricing has gotten out of hand. I don’t like it, but that’s food costs. We can’t sell a protein dish for $10 if the protein is $7.50 at cost. I’m not getting McDonald’s back here, I’m sure their corporate greed is excessive, but it’s not just them dealing with higher priced food. We try to make as much as we can in house to avoid preservatives and chemical bullshit, as well as maintaining a lower cost, but even that is getting to be too much and finding skilled labor that can prep things that a lot of other restaurants buy outright is getting expensive, too. Luckily, the place I work at now is a brewery as well, and the beer sales can subsidize our food costs, but if we didn’t have that beer, we’d be fucking done.